⚠️ Terra Luna Classic (LUNC), USTC Removed From Luna Foundation Guard
Terra Luna Classic ecosystem tokens recorded a massive surge in prices on Saturday as 1.85 billion USTC and 222 million LUNC tokens in the Luna Foundation Guard were removed from the circulating supply. LUNC price skyrocketed over 10% and USTC price rose 18% within a few hours, but pared earlier gains soon.
🔸 Luna Foundation Guard’s LUNC and USTC Circulating Supply
1.85 billion USTC and 222 million LUNC tokens were taken out of Luna Foundation Guard’s wallet address ********szx3nw. The move comes as the account has been dormant for almost 2 years.
As a result, USTC circulating supply is now down to 7.1 billion. Crypto assets held by team, foundation, treasury, escrow funds are not counted in circulating supply. “Assets that are locked (via smart contracts or legal contracts), allocated to insiders (e.g. teams or private investors), or not sellable on the public market are generally not regarded as circulating, regardless of whether they are unlocked,” as per CoinMarketCap.
These numbers reflect adjustments and not actual removals from circulation. Some LFG funds were miscounted as belonging to circulating supply.
🔸 LUNC and USTC Prices Skyrocket
LUNC and USTC prices skyrocketed as the news sparked buying in the community due to a decrease in supply. But as the developments became clear to the community the prices started to pullback.
The Terra Luna Classic community seeks to burn USTC and LUNC in the LFG wallet to reflect in total supply, but it was just adjustments and not actual removals from circulating supply.
LUNC price is currently up 4%% over the last 24 hours, with the price currently trading at $0.0001062. The 24-hour high and low are $0.0001020 and $0.0001129, respectively.
Meanwhile, USTC price also jumped 7% in the last 24 hours, with the price currently trading at $0.0235. The 24-hour low and high are $0.0215 and $0.0251, respectively. Moreover, the trading volume has increased by 118% in the past 24 hours.

#altcoins #BTC #BinanceLaunchpool #bitcoinhalving

🔴 The hacker waited 7 years for the stolen 150,000 ETH to increase 15 times
Back in 2017, tokens were stolen from Parity.

At that time, the amount of the theft was estimated at $33 million.

Now, when the price was 15 x, movements similar to the laundering and sale of Ethereum began at the hacker’s address.

At today's exchange rate, he can earn around $450 million.

🔼 Data Credit - LookOnchain

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#bitcoinhalving #BTC #buythedip #altcoins #Memecoins

Supercomputer Predicts Humanity's Extinction Date. 🌍💻🤯
A recent study conducted by a team of scientists, utilizing the power of a supercomputer simulation, has shed light on humanity's potential extinction date. The findings are as alarming as they are thought-provoking, highlighting the urgent need for action to safeguard our future.
According to the simulation, barring any unforeseen catastrophic events like a massive asteroid impact, humanity faces a looming threat from the inevitable changes our planet will undergo. In approximately 5 to 7 billion years, the Sun will transform into a red giant, posing a significant risk to Earth's habitability.
While this distant threat grabs headlines, the study emphasizes a more immediate concern: climate change. If current trends persist, Earth's atmosphere could become saturated with CO2 within the next 250 million years, exacerbated by solar heat. This grim forecast underscores the critical importance of addressing climate change to avert a potentially catastrophic future for humanity.
Geological processes also play a significant role in shaping Earth's fate. The formation of the next supercontinent, Pangea Ultima, within 250 million years, could trigger extreme volcanic activity and CO2 emissions, rendering the planet uninhabitable for mammals, including humans. This echoes the Permian extinction event, which devastated life on Earth around 252 million years ago.
The implications are clear: urgent action is needed. Addressing climate change must be a global priority, with efforts focused on developing sustainable solutions to mitigate its effects. Additionally, understanding geological processes can inform long-term strategies for preserving life on Earth.
The study is a wake-up call, emphasizing the need for awareness and proactive measures. By working together and embracing technology, we can overcome challenges and secure humanity's and biodiversity's future. Now is the time to act against existential threats.

#BlackRock #bitcoinhalving #BTC #altcoins #notcoin

OpenAI CEO Sam Altman:

“There will be no currency in the near future, there will be no universal basic income.

"Instead, everyone will have a little bit of GPT-7's processing power and be able to trade it for whatever they want."

#bitcoinhalving #BTC #BlackRock #ETFvsBTC #BinanceLaunchpool

$PEPE $BOME $FLOKI Why is Bitcoin Price Up Today? BTC Eyes $75k ahead of Ethereum ETFs #btc70k #bitcoin #bitcoinhalving #BinanceLaunchpool

2024 Altcoin Rally Predictions Started to Come: Famous Analysts Are Preparing for Bitcoin Super Bull Period.

As the crypto bull market eases in the middle of the second quarter of 2024, analysts are trying to combat FUD with super bullish altcoin predictions.

Popular crypto account Altcoin Daily published a long list of predictions earlier this week, predicting that #Bitcoin (BTC) would reach $120,000, #Ether (ETH) would reach $8,800, and #Solana (SOL) would reach $720.

According to these predictions, Bitcoin will increase by almost 100% to $ 60,600, while Ether and Solana will gain 200% and 400% respectively.

Another popular crypto analyst, Deezy.eth, shared his own predictions. He predicts Cardano (ADA) will rise 13.25x (1.225%) from current levels, rising from $0.445 to $5.90.

He predicts #XRP (XRP) to rise to $1.80 and #Dogecoin (DOGE) to rise to $0.50. This means an increase of 260% and 250% respectively.

These super bullish altcoin predictions come at a time when FUD (fear, uncertainty and doubt) is increasing in the crypto market. Many altcoins and meme coins rose between February and March as Bitcoin reached new record highs above $70,000.

However, sharp corrections were seen in the market due to the decline in interest in spot Bitcoin ETFs and the impact of macroeconomic headwinds.

While Bitcoin fell 17% from its March high of $74,000, many altcoins experienced steeper declines: Solana lost 30%, XRP lost 32%, Dogecoin lost 37%, and Cardano lost 45%.

Historically, it is known that post-halving BTC rallies usually begin within 4-6 months. It was expected that the halving in April would not immediately trigger an upward wave.

The post-halving recession usually coincides with the summer season in the crypto market, along with the consolidation process.

Therefore, a sudden rally should not be expected, but there is no denying the fact that we are in the middle of a new bull market. However, 10x Research warned that unlocking tokens could hinder the altcoin rally if VCs (venture capital) back out.

#bitcoinhalving #BTC #buythedip

Ripple files move to seal remedies-related papers, XRP rises beyond $0.50.
Ripple sealed SEC records in its application for judgment and remedies on May 13.
SEC has claimed it did not oppose Ripple's request to seal papers.
XRP rose 0.51% over $0.50 on Tuesday.
The money remittance service filed a move to narrowly seal remedies-phase records in the SEC action against Ripple.

In its May 13 application, Ripple says that the SEC has previously said that it does not oppose the firm's request to seal records in the remedies phase and safeguard affected parties.
Ripple requested narrowly targeted redactions to the remedies motion briefs and related documents before the Omnibus letter filing date of May 13.

According to the complaint, Ripple wants to redact information that might affect the payment remittance provider, innocent third parties, and non-party workers.
The business wants modest redaction of its audited financial statements and associated documentation.

The cross-border payment remittance service claims its certified financial documents show its long-term strategies, income streams, and spending structures to rivals and consumers. Therefore, the corporation requests modest redactions to safeguard its interests.
Weekly, XRP/USDT is negative. Ripple overcame $0.50 resistance, but it faces resistance above $0.50. Red histogram bars below the neutral line on the weekly Moving Average Convergence Divergence (MACD) indicator indicate negative XRP price momentum

.
Weekly, XRP might sweep liquidity at $0.4784, the April 29 low. RSI is 43.35 with no notable divergence.

The cryptocurrency might rise over 5% to $0.5294 on Ripple's 1-day XRP/USDT chart. After breaching over $0.5015 on Monday, XRP has found support. Ripple's 23.6% Fibonacci retracement from its March 11 high of $0.7429 and April 13 low of $0.4269 is $0.5015.
RSI is below 50, with no lower-timeframe divergence.

#BTC #bitcoinhalving #BlackRock #Memecoins #altcoins

جديد: "إذا حدث تشفير الذهب لدول #BRICS فسوف تعود تريليونات من الأموال المزيفة والدولار الأمريكي مسرعة إلى موطنها في أمريكا مما يتسبب في التضخم المفرط في أمريكا، مما يؤدي في النهاية إلى تدمير الدولار الأمريكي.
يقول روبرت كيوساكي: "من الأفضل شراء الذهب الحقيقي والفضة و#البيتكوين الآن".
المصدر: بيتكوين نيوز
#BTC #bitcoinhalving #xmucan

Cryptocurrency regulations in Turkey are ready for the parliament, and the draft places a priority on consumer protection and global standards

It has been reported that lawmakers in Turkey are planning to present a draft bill intended to regulate cryptocurrencies to the parliament this week.

In a story that was published on Sunday by the local newspaper Daily Sabah, it was said that the chairwoman of the ruling Development and Justice Party (AK Party) attended a meeting to finish preparations for the draft bill.

The new restrictions are intended to lessen the dangers that are faced by those who deal with cryptocurrencies. These also have the goal of bringing cryptocurrency trading platforms under the authority of the Securities and Exchange Board (SPK). These platforms would thereafter be subject to the SPK's supervision and licensing.

The manner in which platforms hold the currency of its customers and the crypto fines that are applicable for disobeying the regulations are two more areas of regulation. In the future, we will determine the specific regulations that govern the operation of these platforms. This will be accomplished by the creation of new rules that will be developed independently.

Security, licensing, and global recognition are the primary focuses of Turkey's cryptocurrency regulations.

At the beginning of this year, the Minister of Finance of Turkey, Mehmet Simsek, said that the legislation governing cryptocurrencies in the nation were nearing completion. Furthermore, he said that their objective is to lessen the dangers associated with cryptocurrency trading and to set licensing and operational requirements for trading platforms.

An additional advantage is that they could be able to assist Turkey in improving its position in accordance with the criteria proposed by the Financial Action Task Force.

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#Turkey #CryptocurrencyPredictions $BTC #BTC #BinanceLaunchpool #bitcoinhalving

Elon Musk sent an antenna to the country shaken by the disaster.
Elon Musk donated 1000 internet antennas to the state of Rio Grande do Sul, which was affected by the flood in Brazil.

Rio Grande do Sul State Governor Eduardo Leite stated that the internet and many communication networks were damaged due to the floods and landslides that have been going on for two weeks.

Announcing that Elon Musk donated 1000 internet antennas to the region, Leite said, “We would like to thank Elon Musk for donating 1000 Starlink internet antennas.

"This equipment, which provides data service and connection throughout the entire disaster period, will be extremely valuable during the reconstruction phase of our state," he said.

Musk responded to the Governor's thanks by saying, "You're welcome."

#BTC #bitcoinhalving #buythedip #altcoins #BlackRock